Congress recently approved the CARES Act, a federal bill to provide economic relief for individuals and businesses in light of the COVID-19 pandemic.
City of Grand Prairie
Tuesday, March 24, 2020 | 5:30pm - 8:00pm CANCELLED
AND WE WANT YOUR COMPANY'S PARTICIPATION IN SCHOOL YEAR 2020/21
Last year we had 42 businesses participate in Arlington ISD Dan Dipert Career + Technical Center's annual program, and 700 high school juniors & seniors attended. This upcoming year, our goal is to grow the number of company participation and serve over 1,000 students. Help us achieve that goal by signing up and participating in this event!
Recent high school graduates and students about to begin summer classes have experienced a number of stressful changes to their plans for higher education.
As the pandemic has caused the loss of many jobs in the service and retail industries, and internships nationwide are canceled, students find themselves without the ability to finance or gain work experience alongside their studies, which have moved to web-based platforms.
As CEO of Worthington National Bank, we are proud of our experienced, customer-focused team. We operate under the strong belief that if we treat our employees right, they'll treat our customers right. As a result, I am pleased to announce that Worthington produced 303 PPP loans for a total of $36,894,000, with an average loan size of $121,761. We were able to get 100% of our eligible customers into the end zone on this program. And, we made some new customers.
It's been over three months since most of North Texas began feeling the impact from the coronavirus pandemic. Since then, plenty has happened, but there is still a lack of clarity as we move forward on into the long Texas Summer.
As different segments of the area economy are being affected, the Dallas Business Journal checked in with Texas experts in retail, office and industrial real estate to share their thoughts about the current environment and what things could look like moving forward:
Workforce Solutions For Tarrant County’s Employer Town Hall with Texas Workforce Commissioner Aaron Demerson Representing Employers
As an employer, if you missed our Virtual Town Hall and Q&A Session on Thursday, April 23, 2020, you missed a plethora of valuable information. The following is the official Transcription from the Virtual Town Hall … hope you gain an idea or two ... and here's the video can be found on youtube.
Rent deferral or forgiveness?
Advice from GSWIDA President Jim Hazard (Partner at ESRP Commercial Real Estate firm)
Locally and nationally, companies are asking if they have to pay rent and operating expenses during this lockdown.
Texas leads the country with the most approvals for the U.S. Small Business Administration’s Paycheck Protection Program as of April 13, according to SBA data obtained by the Texas Bankers Association.
Texas has approved 88,434 loans totaling $21.77 billion, as of April 13.
California followed behind Texas, having approved 54,922 PPP applications totaling $20.85 billion in loans, as of April 13. Florida ranked third, having approved 52,021 loans totaling $12.65 billion.
In an interview with Don Cumming, Director of Plant Operations at Flex-N-Gate Texas, Don shared a few ideas that he's implemented within his production plant to accommodate and meet the employee safety needs during the COVID-19 outbreak.
Michael Jarrett, President of Worthington National Bank's Downtown Arlington Branch & GSWIDA Board Member
Lends his expertise and advice to small local business executives navigating the Payment Protection Program, which is a slice of the many resources under the CARES Act umbrella